Hewlett Packard Enterprise Co (HPE) Files Form 4 Insider Selling : John F Schultz Sells 316,164 Shares

Hewlett Packard Enterprise Co (HPE): John F Schultz , EVP, GC & SEC of Hewlett Packard Enterprise Co sold 316,164 shares on Sep 26, 2016. The Insider selling transaction was reported by the company on Sep 28, 2016 to the Securities and Exchange Commission. The shares were sold at $22.84 per share for a total value of $7,220,395.50 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 22, 2016, Antonio F Neri (EVP and GM EG) sold 213,399 shares at $23.00 per share price.On Sep 22, 2016, Ann M Livermore (director) sold 44,000 shares at $22.65 per share price.Also, On Sep 20, 2016, Timothy C. Stonesifer (EVP & CFO) sold 101,610 shares at $22.01 per share price.On Sep 20, 2016, Christopher P Hsu (EVP, COO) sold 31,193 shares at $22.01 per share price.

Company has been under the radar of several Street Analysts.Hewlett Packard Enterprise Co is Reiterated by Mizuho to Neutral and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $16 .The Rating was issued on Sep 8, 2016.Hewlett Packard Enterprise Co is Downgraded by Wells Fargo to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Sep 8, 2016.Hewlett Packard Enterprise Co is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 24 from a previous price target of $22 .The Rating was issued on Sep 8, 2016.Hewlett Packard Enterprise Co is Initiated by Raymond James to Mkt Perform. The Rating was issued on Aug 17, 2016.Hewlett Packard Enterprise Co is Upgraded by Citigroup to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jul 25, 2016.

Hewlett Packard Enterprise Company (Hewlett Packard Enterprise) is engaged in offering information technology (IT) and enterprise services solutions. The Company focuses on technology solutions which enables the customers to build cloud-enabled mobile-ready solutions that is suited to their needs. The Company’s portfolio includes enterprise services software and financial services businesses. Hewlett Packard Enterprise offers its services to various enterprises and governments.

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